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Citibank Maxigain Savings Account

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Old 19-04-2019, 10:53 AM   #5251
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I was wondering how to get 2% at counter 3
he meant effective interest rate. which is the avg if you add up the the rates over 12 months while building up the counters.. it will be around 2%.

(1.26 [70% of 1.8%)+ 1.36 + 1.46 + 1.56... + 2.46) /12 = 2.015%
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Old 19-04-2019, 12:02 PM   #5252
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Citi website has updated the T&C for this CNY promo now
https://www.citibank.com.sg/gcb/inve...s_newfund1.htm
has anyone rec the reward$ for topup?
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Old 19-04-2019, 12:04 PM   #5253
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has anyone rec the reward$ for topup?
Haven't received, I signed the form in Jan-2019.
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Old 19-04-2019, 12:06 PM   #5254
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has anyone rec the reward$ for topup?

Nope here too
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Old 19-04-2019, 01:52 PM   #5255
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Nope. Still waiting patiently. Should be deposited by April in TnC.
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Old 19-04-2019, 07:00 PM   #5256
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Based on current sibor 1.82%

With 15k, you earn steps + 0.70 * sibor = 1.2%

With 70k, you earn steps + 0.70 * sibor + steps * 0.1% = 1.2% to 2.4%

It really depends which works for you.

I started early on this so I maintain the minimum (10k - 15k) till I clock 12 steps. But I enjoyed the full benefit of getting the base interest + sibor throughout.
below 70k won't get sibor. my account statement only has bonus interest (1.2% @ 12 step) while I do not earn any base interest (70% sibor) at all.
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Old 19-04-2019, 08:47 PM   #5257
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below 70k won't get sibor. my account statement only has bonus interest (1.2% @ 12 step) while I do not earn any base interest (70% sibor) at all.
Thanks for sharing. This is what I interpreted from the bank website. It must be wrong information.
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Old 19-04-2019, 10:20 PM   #5258
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Thanks for sharing. This is what I interpreted from the bank website. It must be wrong information.
Think you should go read again.
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Old 22-04-2019, 03:18 PM   #5259
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I was wondering how to get 2% at counter 3
Not possible.

At counter 3, with 15k, you get 0.3%

At counter 3 with 70k or more, you get 0.7*Sibor + counters
= 0.7*1.82 + 0.3
= 1.574
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Old 27-04-2019, 09:29 AM   #5260
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My Maxigain account is indicated as inactive on my Citibank Online, probably because I haven't touched it since I opened the account last Sep. Will this affect the monthly interest credit into the account?
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Old 27-04-2019, 10:56 AM   #5261
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My Maxigain account is indicated as inactive on my Citibank Online, probably because I haven't touched it since I opened the account last Sep. Will this affect the monthly interest credit into the account?
Just transfer $0.01 in if you are worried.
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Old 27-04-2019, 10:58 AM   #5262
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Nope. Still waiting patiently. Should be deposited by April in TnC.
my Rm told me it's this month too but so far never see any reward yet.
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Old 27-04-2019, 11:02 AM   #5263
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My Maxigain account is indicated as inactive on my Citibank Online, probably because I haven't touched it since I opened the account last Sep. Will this affect the monthly interest credit into the account?
Monthly interest crediting will still go on as it is initiated by the bank. However, you can't deposit or withdraw from your inactive acct. There should be a button to click to activate your account in online banking.
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Old 27-04-2019, 12:40 PM   #5264
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Monthly interest crediting will still go on as it is initiated by the bank. However, you can't deposit or withdraw from your inactive acct. There should be a button to click to activate your account in online banking.
There was a button to re-activate the account, but when I clicked on it, it said there was an error and told me to call the hotline instead.


Since the monthly interest crediting isn't affected, then I likely won't bother, since I'm just going to park the money there.


Thanks for replying!
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Old 27-04-2019, 12:54 PM   #5265
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You can call the hotline to reactivate the account. That’s what happened to mine

There was a button to re-activate the account, but when I clicked on it, it said there was an error and told me to call the hotline instead.


Since the monthly interest crediting isn't affected, then I likely won't bother, since I'm just going to park the money there.


Thanks for replying!
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